Metro Bank and Howard Kennedy fund Z Hotels
Law firm Howard Kennedy has advised Metro Bank on an £18m loan to fund the purchase of an office building in Chandos Place for Z Hotels in central London.
The Howard Kennedy team was led by Partner and head of Banking and Asset Finance Steve Clinning, with support from Real Estate Finance associate Imran Paswal.
Metro Bank in January this year reappointed Howard Kennedy to its enlarged lending and securities panel following a review at the end of 2017.
Z Hotels where represented by Memory Crystal and Simmons Muirhead & Burton.
“We are delighted to have been reappointed to the Metro Bank panel and to play a role in the financing of this building. Howard Kennedy has been involved for a number of years representing Santander in their funding of Z Hotels. We look forward to working alongside the Metro Bank team on future projects.”
Howard Kennedy has 53 partners and numbers 350 people in total and works alongside national and international clients across many disciplines, including banking, corporate and commercial, family, finance, employment, dispute resolution, intellectual property, private client, real estate and tax. Howard Kennedy has particular focus on the Financial Services, Media and Technology, Real Estate, Retail and Leisure, Sports Individuals sectors, and, through HK One, the firm’s legal concierge service for high net worth individuals with complex legal needs.
Matt Baldwin, Coast
Tel: 01233 503200 / 07930 439739
Daryl Atkinson, Business Development & Marketing Director